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Essex
1 Pineneedle Lane
Photo of 1 Pineneedle Lane
Sold on Oct 18, 2011

1

Map

$425,000
● House - Off Market

1 Pineneedle Lane

Georgetown, MA 01833
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,050 Ft²
$1,079,741
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Looking for the Deal of the Summer?  Here it is! Comes view this sprawling 3000+ sq Feet Colonial, in need of some repairs, to bring this back to its newly constructed condition. Interior amenities include, eat in granite kitchen. Hardwood flooring throughout the house, Master suite with bathroom and double closets.  Take a look today!!
Unit Size
3,050 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$156
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 days ago (MLSPIN #71249610)

Price History

Date / Event Date Event Price
Oct 18, 2011 Sold
Premium
Sold
Jun 16, 2011 Listed by RE/MAX Prestige $475,000
Listed by RE/MAX Prestige

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,436
  • Total Building Area: 3,050
  • Gross Building Area: 6,716
  • Building Area: 3,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHISPERING PINES GEORGETOWN
  • Land Acres: 0000000928
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Georgetown School District
  • School Tax School District: GEORGETOWN SD
  • Census Tract: 265102

Geography

  • District: 105
  • Parcel: GEOR M:00019 B:00000 L:0048H
  • Lot: 48H
  • Municipality: GEORGETOWN
  • Latitude: 42.732
  • Longitude: -70.9344

    Address

  • Full Address: 1 Pineneedle Rd
  • Address - House Number: 1
  • Address - Street Name: Pineneedle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Georgetown
  • Carrier Code: R004
  • 4-Digit Zip Code: 1865
  • Zip Code: 01833

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,170,700

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,086,784
  • High Value: 1,270,477
  • Low Value: 903,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $932,800
  • Assessed Land Value: $221,800
  • Assessed Improvements Value: $711,000

    Sales

  • Current Sale Recording Date: Oct 18, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 25, 2010
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.6 years

Currently For Sale

1470 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 146 Elm, Newbury, 01922

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,700 ft²
146 Elm, Newbury, 01922

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 days ago
Data Source: MLS PIN, MLS# 71249610

Frequently Asked Questions

When was property at 1 Pineneedle Lane built and last sold?
The property at 1 Pineneedle Lane was built in 2006 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 1 Pineneedle Lane is $510,473.
What are some comparable homes to 1 Pineneedle Lane?
There are currently no comparable homes to 1 Pineneedle Lane.
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